AUSTRALIA: Thailand’s PTTEP to acquire upstream company for US$10 million

(EnergyAsia, October 29, Thursday) — Thai state upstream company PTTEP said it has agreed to pay US$10 million to acquire OMV Timor Sea Pty Ltd, a subsidiary of OMV Australia Pty Ltd, which has exploration rights for five blocks and two offshore oil fields in Australia. OMV Timor Sea Pty Ltd, which focuses on exploration…